1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 2 Face value of the securities. 3 Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5 Estimated. 6 Cash value of agreements, which are collateralized by U.S. Treasury securities.7 Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

2. Consolidated Statement of Condition of All Federal Reserve BanksMillions of Dollars

Assets, liabilities, and capital

Eliminationsfromconsolidation

Change Since

Wednesday Jun 2, 2004

Wednesday May 26, 2004

Wednesday Jun 4, 2003

Assets

Gold certificate account

11,041

0

+ 1

Special drawing rights certificate account

2,200

0

0

Coin

718

- 23

- 191

Securities, repurchase agreements, and loans

704,145

- 10,366

+ 33,668

Securities held outright

681,483

+ 850

+ 30,070

U.S. Treasury (1)

681,483

+ 850

+ 30,080

Bills (2)

250,472

+ 33

+ 12,249

Notes and bonds, nominal (2)

414,659

+ 796

+ 15,806

Notes and bonds, inflation-indexed (2)

14,464

0

+ 1,650

Inflation compensation (3)

1,888

+ 21

+ 376

Federal agency (2)

0

0

- 10

Repurchase agreements (4)

22,500

- 11,250

+ 3,500

Loans

162

+ 34

+ 97

Items in process of collection

(803)

8,714

+ 3,002

- 1,169

Bank premises

1,683

+ 5

+ 104

Other assets (5)

36,541

+ 390

+ 36

Total assets

(803)

765,042

- 6,991

+ 32,448

Liabilities

Federal Reserve notes net of FR Bank holdings

693,351

+ 4,307

+ 33,273

Reverse repurchase agreements (6)

20,292

+ 961

- 1,381

Deposits

(0)

21,842

- 14,631

- 350

Depository institutions

19,870

- 11,412

+ 4,123

U.S. Treasury, general account

1,592

- 3,252

- 4,534

Foreign official

82

- 3

+ 5

Other

(0)

298

+ 35

+ 55

Deferred availability cash items

(803)

8,160

+ 2,168

- 655

Other liabilities and accrued dividends (7)

2,404

+ 15

+ 99

Total liabilities

(803)

746,049

- 7,181

+ 30,986

Capital Accounts

Capital paid in

9,204

+ 109

+ 620

Surplus

8,847

0

+ 467

Other capital accounts

942

+ 80

+ 376

Total capital

18,992

+ 188

+ 1,462

Note: Components may not sum to totals because of rounding.

1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.2 Face value of the securities.3 Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 6 Cash value of agreements, which are collateralized by U.S. Treasury securities.7 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

3. Maturity Distribution of Loans and Securities, June 2, 2004Millions of dollars

Maturity

Loans

U.S. Treasury securities (1)

Federal agency securities

Repurchaseagreements(2)

Reverserepurchaseagreements(2)

Holding

Weeklychanges

Holdings

Week change

Within 15 days

50

47,941

- 7,319

0

0

22,500

20,292

16 days to 90 days

112

158,769

+ 9,367

0

0

0

0

91 days to 1 year

0

161,315

- 2,268

0

0

------

------

Over 1 to 5 years

------

185,440

+ 261

0

0

------

------

Over 5 to 10 years

------

51,299

+ 717

0

0

------

------

Over 10 years

------

76,719

+ 92

0

0

------

------

All

162

681,483

+ 850

0

0

22,500

20,292

Note: Components may not sum to totals because of rounding.--- Not applicable.

1 Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities. 2 Cash value of agreements classified by remaining maturity of the agreements.

4. Statement of Condition of Each Federal Reserve Bank on June 2, 2004Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Assets

Gold certificate account

11,041

494

4,651

382

452

819

894

924

325

218

302

525

1,055

Special drawing rights certificate acct.

2,200

115

874

83

104

147

166

212

71

30

66

98

234

Coin

718

33

27

43

34

64

74

83

48

28

41

144

98

Securities, repurchase agreements,

and loans

704,145

32,003

318,000

20,270

29,120

51,796

45,961

61,443

20,036

14,902

17,923

31,073

61,618

Securities held outright

681,483

32,001

295,500

20,269

29,120

51,796

45,957

61,387

20,021

14,864

17,908

31,072

61,588

U.S. Treasury (1)

681,483

32,001

295,500

20,269

29,120

51,796

45,957

61,387

20,021

14,864

17,908

31,072

61,588

Bills (2)

250,472

11,761

108,608

7,450

10,703

19,037

16,891

22,562

7,359

5,463

6,582

11,420

22,636

Notes and bonds(3)

431,012

20,239

186,892

12,819

18,417

32,759

29,066

38,825

12,663

9,401

11,326

19,652

38,952

Federal agency (2)

0

0

0

0

0

0

0

0

0

0

0

0

0

Repurchase agreements(4)

22,500

0

22,500

0

0

0

0

0

0

0

0

0

0

Loans

162

2

0

1

0

0

4

56

15

38

15

1

31

Items in process of collection

9,517

785

443

496

468

536

1,193

604

450

538

725

527

2,752

Bank premises

1,683

96

191

52

153

144

279

132

51

124

74

206

181

Other assets(5)

36,541

1,659

13,083

1,018

2,263

5,824

2,079

3,308

957

1,093

749

911

3,598

Interdistrict settlement account

0

+ 3,008

-24,175

+ 3,048

- 1,590

- 1,917

+ 2,421

+ 1,739

+ 589

- 426

+ 1,498

+ 4,121

+11,684

Total Assets

765,845

38,192

313,093

25,392

31,004

57,413

53,067

68,444

22,528

16,507

21,379

37,606

81,220

Note: Components may not sum to totals because of rounding.

1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.2 Face value of the securities.3 Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities. 4 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

4. Statement of Condition of Each Federal Reserve Bank on June 2, 2004Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

KansasCity

Dallas

SanFrancisco

Liabilities

Federal Reserve notes outstanding

807,661

37,991

319,760

30,849

31,943

58,978

66,434

67,931

23,549

15,575

23,211

41,809

89,631

Less: notes held by F.R. Banks

114,310

3,932

28,321

8,265

5,314

10,070

18,806

7,266

3,028

1,238

4,029

6,682

17,360

Federal Reserve notes, net

693,351

34,059

291,439

22,584

26,629

48,908

47,628

60,665

20,521

14,337

19,182

35,127

72,271

Reverse repurchase agreements (1)

20,292

953

8,799

604

867

1,542

1,368

1,828

596

443

533

925

1,834

Deposits

21,842

1,203

6,908

924

1,167

1,871

1,874

3,028

575

445

783

733

2,333

Depository institutions

19,870

1,195

5,089

923

1,165

1,744

1,872

3,024

572

444

781

732

2,330

U.S. Treasury, general account

1,592

0

1,592

0

0

0

0

0

0

0

0

0

0

Foreign official

82

2

59

1

2

7

2

3

1

1

1

0

4

Other

298

6

167

0

0

120

0

0

2

0

1

0

0

Deferred availability cash items

8,963

804

743

616

704

598

960

698

251

574

465

426

2,125

Other liabilities and accrued

dividends (2)

2,404

133

754

95

127

276

190

228

106

81

86

126

203

Total liabilities

746,852

37,151

308,643

24,822

29,495

53,195

52,020

66,446

22,048

15,880

21,050

37,337

78,766

Capital

Capital paid in

9,204

506

2,114

278

738

2,064

506

1,021

232

264

153

128

1,200

Surplus

8,847

448

2,031

259

727

2,074

489

924

228

346

162

111

1,048

Other capital

942

86

306

34

44

80

52

53

20

17

14

31

205

Total liabilities and capital

765,845

38,192

313,093

25,392

31,004

57,413

53,067

68,444

22,528

16,507

21,379

37,606

81,220

Note: Components may not sum to totals because of rounding.

1 Cash value of agreements, which are collateralized by U.S. Treasury securities.2 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

1 Includes face value of U.S. Treasury and agency securities held outright, compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase agreements.